Crypto Market Analysis (September 24, 2025): Crypto Markets Mixed as Bitcoin Loses Steam Below $116K

September 24, 2025 brought a shift in sentiment as Bitcoin lost momentum and slipped below the $116,000 mark. Ethereum held firm above key support levels, while altcoins displayed a mixed performance—some consolidating steadily, others retreating under mild selling pressure. Traders are entering a cautious phase, with many awaiting fresh catalysts to determine the market’s next decisive move.

Bitcoin Retreats as Bulls Struggle to Regain Control

Bitcoin spent most of the session on the defensive, falling toward $115,400 after failing to hold the $116,000 level. The rejection earlier this week near $118,000 continues to weigh on short-term sentiment, as traders assess whether this pullback is a healthy reset or the start of a deeper correction. A bounce above $116,500 could restore bullish confidence, but for now, Bitcoin remains stuck in a narrowing range with fading momentum.

Ethereum Holds Strong Above $4,500 Support

Ethereum once again showed resilience, trading steadily between $4,510 and $4,560 throughout the day. Buyers continue to defend the $4,500 support zone, which has become a critical line in the sand for bulls. While upside momentum has slowed, Ethereum’s stability stands out compared to Bitcoin’s recent weakness. A sustained push above $4,600 would be the next major bullish signal traders are watching for.

XRP Pulls Back Slightly After Recent Rebound

XRP slipped marginally to around $3.02, cooling off after a brief rebound earlier in the week. The token continues to consolidate near the $3 level, with traders closely monitoring regulatory developments that could serve as major catalysts. Despite the minor pullback, XRP remains within its recent range, and long-term holders appear unfazed by short-term fluctuations.

Cardano Edges Higher as Ecosystem Growth Builds Momentum

Cardano managed to post slight gains, climbing to approximately $0.92 by the session’s close. The project’s steady ecosystem development continues to generate optimism among its community, even as price movements remain modest. Many traders are viewing this slow and steady climb as a sign of healthy accumulation ahead of larger upgrades expected later this year.

Shiba Inu Slides as Retail Energy Cools

Shiba Inu saw a mild decline, slipping to around $0.0000131 as speculative energy cooled off following recent bursts of activity. Without new catalysts, retail momentum has slowed, leading to minor profit-taking among short-term traders. However, SHIB remains in a broad consolidation pattern, and sudden spikes remain possible given the token’s community-driven nature.

Dogecoin Remains Stuck in Tight Consolidation Zone

Dogecoin continued its familiar sideways movement, trading around $0.26 without any significant breakouts or breakdowns. This prolonged consolidation phase has kept volatility low, but it’s also compressed the price into a tight range. Traders are closely watching for any breakout triggers, as DOGE has a history of sharp moves following extended periods of quiet trading.

Kaspa Holds Firm Despite Broader Market Softness

Kaspa maintained its recent strength, holding near $0.087 despite the broader market’s cautious tone. Developer activity and anticipation around upcoming Layer-2 events have provided a steady tailwind for the token. While it hasn’t produced explosive moves, its consistent performance has started to catch the attention of traders looking for relative strength plays.

SUI Consolidates Above Breakout Zone

SUI continued to consolidate above $3.75, maintaining the gains it secured earlier in the week. Bulls are watching for a push toward $3.85–$3.90, which would signal renewed upward momentum. The network’s strong developer ecosystem remains one of its biggest advantages, and traders are positioning accordingly as altcoins jockey for leadership.

Pi Network Struggles to Break Out of Its Range

Pi Network once again found itself locked in its usual $0.34–$0.36 range, unable to generate meaningful momentum. Despite ongoing community engagement, the lack of major exchange listings and thin liquidity remain persistent challenges. Until these structural issues are resolved, Pi Network is likely to remain range-bound and relatively disconnected from broader market trends.

Market Outlook: Traders Brace for Next Catalyst

CryptocurrencyCurrent Price24h ChangeKey Takeaway
Bitcoin (BTC)$115,400−1.2%Pulls back below $116K, momentum fading
Ethereum (ETH)$4,530+0.1%Holds firm above key support
XRP$3.02−0.6%Minor pullback, still range-bound
Cardano (ADA)$0.92+0.7%Slow and steady accumulation continues
Shiba Inu (SHIB)$0.0000131−1.5%Retail momentum cools
Dogecoin (DOGE)$0.260.0%Stuck in consolidation
Kaspa (KAS)$0.087+0.3%Shows relative strength in a soft market
SUI$3.77+0.4%Consolidating above breakout level
Pi Network (PI)$0.350.0%Liquidity issues keep it stuck in range

IMPORTANT NOTICE

This article is sponsored content. Kryptonary does not verify or endorse the claims, statistics, or information provided. Cryptocurrency investments are speculative and highly risky; you should be prepared to lose all invested capital. Kryptonary does not perform due diligence on featured projects and disclaims all liability for any investment decisions made based on this content. Readers are strongly advised to conduct their own independent research and understand the inherent risks of cryptocurrency investments.

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